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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
REVENUES    
Room $ 168,127 $ 132,623
Food and beverage 59,911 49,628
Other operating 15,445 12,670
Total revenues 243,483 194,921
OPERATING EXPENSES    
Room 48,919 37,454
Food and beverage 42,908 35,096
Other operating 4,995 4,242
Advertising and promotion 12,971 11,265
Repairs and maintenance 10,881 8,374
Utilities 8,289 6,183
Franchise costs 8,077 6,478
Property tax, ground lease and insurance 19,052 18,468
Property general and administrative 28,922 23,606
Corporate overhead 6,559 6,171
Depreciation and amortization 37,615 34,016
Total operating expenses 229,188 191,353
Operating income 14,295 3,568
Interest and other income 716 563
Interest expense (18,283) (17,414)
Loss on extinguishment of debt   (44)
Loss before income taxes and discontinued operations (3,272) (13,327)
Income tax provision (224) (6,157)
Loss from continuing operations (3,496) (19,484)
Income from discontinued operations   48,410
NET INCOME (LOSS) (3,496) 28,926
Income from consolidated joint venture attributable to non-controlling interest (2,226) (297)
Distributions to non-controlling interest (8) (8)
Dividends paid on unvested restricted stock compensation (100)  
Preferred stock dividends and redemption charges (2,300) (10,903)
Undistributed income allocated to unvested restricted stock compensation   (218)
INCOME AVAILABLE (LOSS ATTRIBUTABLE) TO COMMON STOCKHOLDERS (8,130) 17,500
COMPREHENSIVE INCOME (LOSS ATTRIBUTABLE) TO COMMON STOCKHOLDERS $ (8,130) $ 17,500
Basic and diluted per share amounts:    
loss from continuing operations attributable to common stockholders (in dollars per share) $ (0.04) $ (0.20)
Income from discontinued operations (in dollars per share)   $ 0.32
Basic and diluted income available to common stockholders per common share (in dollars per share) $ (0.04) $ 0.12
Basic and diluted weighted average common shares outstanding (in shares) 181,061 151,076
Dividend declared per common share $ 0.05